." Who's making money?" Petaquilla!!
Let me try to explain:
If you go to the quarterly statements over the past two years and look at the EPS, EBITDA, and STOCKHOLDERS EQUITY lines you will see that the company has been profitable for over two years.
If you hold shares in a company that is down primarily due to sector outflow verifiable by GDXJ comparisons, and you believe
the company will return to normal levels when the sector does, if you buy more shares while it is depressed your average cost will be lower and you will earn a profit when the shares return to their fundamental value. That is ,"Why in the hell would I want to buy more shares..."if you believe in the future. If you don't believe then you should sell, capture your tax loss, and move on to a better prospect in your judgement. If you cannot follow what I am saying then talk to someone with investment experience to explain the concept to you.
Why would you say something like this? "In one of your supposed discussions with Fifer..."Is it bitterness because you have lost money due to your own poor judgement? Are you envious? You are certainly welcome to come to Panama as have many investors and talk to whomever you wish personally. As I have said many times, I would prefer that no guidance be given since there are macro events, and other things beyond the control of the company that can cause the numbers to be missed. Do you have any evidence that missed production numbers are the fault of anyone in the company? If so, please share it with the board.
"I suppose Fifer's getting his missed projections in early for next year."Actually no, that is my projection, not something from the company. I am sorry you are so miserable, but I really can't reach you or help you. If you do not average down when you have the chance, you will just be bitter forever knowing you missed another boat.
AI
